Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

ACEN unit plans to expand Palauig solar farm

by
November 17, 2024
in Top News
0
ACEN unit plans to expand Palauig solar farm
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter
ACENRENEWABLES.COM

ACEN Corp.’s subsidiary Giga Ace 8, Inc. plans to expand its solar farm in Palauig, Zambales to 420 megawatts-peak (MWp) from 346 MWp for P26 billion.

In a document submitted to the Department of Environment and Natural Resources, Giga Ace 8 proposed increasing the capacity and land area of its solar farm under its existing environmental compliance certificate (ECC).

Giga Ace 8, a special purpose vehicle for developing renewable energy projects in the Philippines, plans to expand the land area to 369.83 hectares from 275 hectares.

The project will include a battery energy storage system (BESS).

“The Giga Ace 8 Solar Power Project aims to achieve sustainable development and supply electricity to the Luzon grid to address the expected lack of supply and increasing demand for power,” the company said.

The integration of the BESS with the solar power plant will have an output of up to 200 MW, which is planned to be from 9 a.m. to 9 p.m. or until BESS is fully discharged.

“During solar hours, the plant’s output will primarily come from solar generation. Any excess solar generation will be stored in the BESS, while any energy deficit during the period will be supplied by the BESS,” the company said.

The company said it chose the project site in Barangay Bulawen and Salaza for its accessibility and high solar irradiance potential.

“The existing and the proposed expansion areas do not encroach on any protected areas and historical cultural properties,” Giga Ace 8 said.

The proponent is currently in the feasibility, permitting, and licensing, and detailed engineering phase for the proposed additional area.

Construction of the components under the existing ECC is ongoing and is slated for completion by the first quarter of 2026.

The target for commercial operation is the second quarter of 2026.

Construction for the additional area is scheduled from the first quarter of 2026 to the third quarter of 2030, with commercial operation expected by the fourth quarter of 2030. — Sheldeen Joy Talavera

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
NNIC working to clear way for new terminal with hotel demolition in 2025

NNIC working to clear way for new terminal with hotel demolition in 2025

Recommended

12th PEVS poised to ‘spark change, drive electric’

12th PEVS poised to ‘spark change, drive electric’

September 15, 2024
Coinbase Backs QCAD Stablecoin to Power Canadian Crypto Adoption

Coinbase Backs QCAD Stablecoin to Power Canadian Crypto Adoption

May 17, 2025
Country’s biggest MG facility opens in Greenhills

Country’s biggest MG facility opens in Greenhills

September 1, 2024
What’s new at Museo Pambata

What’s new at Museo Pambata

December 3, 2024
Air passenger volume up 21% in first 9 months — CAB

Air passenger volume up 21% in first 9 months — CAB

November 18, 2024
How to Redeem Your Credit Card Travel Rewards for Maximum Value

How to Redeem Your Credit Card Travel Rewards for Maximum Value

November 19, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved